Select Branch for Bank Of India in Bhopal, Madhya Pradesh

Choose a branch to view IFSC code and details

Branch
Airport Road

BKID0009088

PLOT NO 9 28 DATA COLONY AIRPORT ROAD WARD NO 2 BHOPAL TEHSIL HUZUR PINCODE 462016
Branch
Amo Bhopal

BKID0003410

BHOPAL ZONE OFFICE ARERA HILLS JAIL ROAD
Branch
Anand Nagar Bhopal

BKID0009053

HOUSE NO 664 WARD 59 RAISEN ROAD ANAND NAGAR BHOPAL MP 462021
Branch
Arera Colony

BKID0009002

E 271 ARERA COLONYBHOPAL
Branch
Arera Hills

BKID0009007

BANK OF INDIA BHAVANARERA HILLS BHOPAL
Branch
AwadhPuri

BKID0009033

HOUSE NO 10AAWADHPURIOPP VIVEKANAND SCHOOLNEAR BHEL KALIBARI PIPLANI
Branch
Baghmugalia

BKID0009032

4 7 1ST FLOOR SARVODAYA SHOPPING COMPLEXCARMEL SCHOOL ARVIND VIHAR BAGHMUGALIA
Branch
Bairagarh

BKID0009072

NEW B 51524 KALKA CHOWK MAIN ROADBAIRAGARH BHOPALMP 462030
Branch
Bairagarh Chichli

BKID0MG7005

PLOT NO. 2, MAHABALI NAGAR, KOLAR ROAD, BHOPAL
Branch
Barkheda Baramad

BKID0MG7004

VILL. SONKATCH, TAH. BERASIA, DISTT. BHOPAL
Branch
Bawadiakala

BKID0009089

PLOT NO 28 29 CHANDRIKA SOCIETY BAWADIA KALAN 80 FEET MAIN ROAD BAWADIA KALAN BHOPAL 462039
Branch
Berasia

BKID0MG7001

BUS STAND, BERASIA, DISTT. BERASIA
Branch
Bhopal

BKID0009000

MODH SAMAJ BHAWANMARWARI ROAD
Branch
Bhopal Hel Area

BKID0009004

PLOT NO 114B BLOCK INDRAPURIBHOPAL
Branch
Bhopal Recovery Branch

BKID0009029

BANK OF INDIA BHAWANAREAA HIILS JAIL ROAD
Branch
Bhopal Service Branch

BKID0009025

JAIL ROAD ARERA HILLSBHOPAL MADHYA PRADESH 462 011
Branch
Bhopal Zonal Office

BKID000ZO34

NEW ZONAL HEADQUARTERS OPP CENTRAL JAIL ROAD
Branch
Borkhedakalan

BKID0009087

AT INDORE BHOPAL MAIN ROADBORKHEDA KALAN TEHSIL NASRULLAGANJ
Branch
Categorised Market

BKID0009027

45 RAJDEV COLNEW KABADKHANAINFRONT OF BHOPAL EYE HOSPITALBHOPAL
Branch
Chunabhatti

BKID0009052

PLOT NO 1 ARANYA VIHARCHUNABHATTI
Branch
Damkheda

BKID0MG7007

UG 137, MINAL SHOPPING MALL, MINAL RESIDENCY, J. K. ROAD, BHOPAL
Branch
Dillod

BKID0MG7008

VILL. DILLOD, TAH. BERASIA, DISTT. BHOPAL
Branch
Gulmohar Colony

BKID0009009

G 3333 GULMOHAR COLONYE 8 EXTENSION ARERA COLONYBHOPAL
Branch
Hamidia Road

BKID0009003

31 HAMIDIA ROADBHOPAL
Branch
Hirenkheda

BKID0009080

VILLAGE AND POST HIRENKHEDA TEHSIL SEONI MALWA MP
Branch
Hoshangabad Road

BKID0009093

PLOT NO.17 VIDYA NAGAR PHASE-2,WARD NO.52,TEHSIL HUZUR,DISTRICT BHOPAL,MADHYA PRADESH 462026
Branch
Karond

BKID0MG7010

6, ASHIYANA COLONY, BERASIA ROAD, KAROND, BHOPAL
Branch
Karond

BKID0008882

PLOT NO 182 WARD NO66 DEVAKI NAGARBERASIAIN FRONT OF KRISHI UPAJ MANDI MAIN GATE
Branch
Katara Hills

BKID0009094

PLOT NO 04 05 BEING PART OF KHASRA NO 326 2 SITUATED AT SIGNATURE CITY EXCLUSIVE VILLAGE BARRAI P H NO 25 WARD NO 85 TEHSIL HUZUR DISTRICT BHOPAL MADHYA PRADESH 462026
Branch
Katara Hills

BKID0MG7011

GA 1617, SPRING VALLEY ARCADE, KATARA HILLS, BHOPAL
Branch
Kolar Road

BKID0009031

MANDAKINI HSG SOCIETYNR GURUKUL PUBLIC SCHOOL KOLAR ROAD
Branch
Lalghati

BKID0MG7006

192, JAIN NAGAR, GUFA MANDIR ROAD, MANAS MARRIAGE GARDEN, LALGHATI, BHOPAL
Branch
Maharana PratapNagar

BKID0009005

PLOT NO 228 ZONE IMAHARANA PRATAP NAGAR
Branch
Minal

BKID0009092

BANK OF INDIA,SHOP NO 194,195,196,197,RAJ BUSINESS PARK 1,MINAL RESIDENCY,BHOPAL 462023
Branch
Misrod

BKID0MG7012

NEAR BHOPAL CITY HOSPITAL, BAGLI ROAD, MADAN MARKET, MISROD, BHOPAL
Branch
Misrod

BKID0009034

OPPOSITE MISROD POLICE STATIONBHOPAL HOSHANGABAD ROAD AT PO MISROD
Branch
Misrod Hosangabad

BKID0009083

GOUR BHAWAN MAIN ROAD NEAR PETROL PUMP VILLAGE MISROD TEHSIL DOLARIA MP
Branch
Mp Zonal Audit Office

BKID000ZA34

MP ZONAL AUDIT OFFICE
Branch
Nbg Mpcg

BKID000NB34

BANK OF INDIANBG MP CGBANK OF INDIA BUILDING2ND FLOORARERA HILLSJAIL ROADBHOPAL 462011
Branch
Nipania Jat

BKID0MG7009

VILL. NIPANIA JAT, TAH. HUZUR, DISTT. BHOPAL
Branch
Professors Colony

BKID0009006

64 KILOL PARKNEAR PETROL PUMP
Branch
RamPur

BKID0009081

MAIN MARKET VILLAGE AND POST RAMPUR TEHSIL ITARSI MP
Branch
Ratibad

BKID0MG7014

RATIBAD,BLOCK PHANDA,TAHSIL HUZUR,DISTT. BHOPAL
Branch
Ro Bhopal

BKID0MG7000

BANK OF INDIA BUILDING ARERA HILLS, JAIL ROAD, BHOPAL _x000D_
Branch
Saifia College

BKID0009008

AHMEDABAD PALACEKCH E FIZA
Branch
Saket Nagar

BKID0MG7013

MIG 54, SEC. 2A, SAKET NAGAR, BHOPAL
Branch
Saket Nagar

BKID0009461

M 309 A SECTORSAKET NAGARBHOPALMP 462024
Branch
ShahPura

BKID0MG7003

BRANCH SHAHPURA HX 11, E7 EXTENSION ARERA COLONY DISTRICT BHOPAL 462016
Branch
Staff Training Centre Bhopal

BKID000TC34

STAFF TRAINING CENTREBHOPAL
Branch
Suhaya

BKID0MG7002

VILL. SUHAYA, TAH. BERASIA, DISTT. VIDISHA
Branch
Tatya Tope Nagar

BKID0009001

PLOT NO 4 SHOPPING CENTRESOUTH TATYA TOPE NAGAR

What are Bank Of India IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the Bank Of India IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an Bank Of India IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform Bank Of India Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a Bank Of India Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 Years: Estimates returns over a 15-year period.
  • PPF Calculator 30 Years: Projects returns over a 30-year period.

Conclusion

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.

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